Morning Oregonian. (Portland, Or.) 1861-1937, December 12, 1913, Page 23, Image 23

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THE MOItlOXG O REG ONI AN, FRIDAY, DECEMBER 12. 1913.
23
HOP TRADE BROADER
Orego
n Market Has Better
Undertone.
NEAflLY 1COO BALES SOLD
Impression Prevails That Prices
Hare Touched Bottom Buying In '
Yalrima Eastern Dealers'
View on Situation.
Hop trauins hu assumed a brosder scIe
and there i a better undertone In -"
market. The Impression prevails J
prices hare touched bottom, as the deiana
"appears to be sufficient to take care th
present offerings. Growers have not with
drawn from the market, but they aie isak
1C no concessions, and Insist on prevailing
prices or better.
The largest lot recently sold clanged
hands during the day. that of John a0"
of Banks, amounting to 348 bale which
was bought by Klaber. VTot & fetter at
Wli cents. A messace from aurora
PBPtcit fh. ..I. V- r'--'-. T.V 'JO D Of 101
nlea to the Kola Nets Hod Comany at SOS
cents. C. M. Werner bought tne Pacquette
lot of 60 bales at Gervala at 20 cents.
H. I Hart secured 180 baln at Lafayette,
comprising- the crops of Peter Olds and A.
Fletcher, at 20 .cents. Mr. Hart also
kiti.ki ei-,. small lota asf-reg-ulna 10
bales, at la to 20 centa '
Th. Raker cron of I bales of Yakima
was bought br McNef Bros, at 20 centa.
They also purchased 100 bales of Oregon
at the same price.
In a letter discussing the hop situation
and the probable course of future prices, M.
Walker, a New Tork dealer, writea;
"Notwithstanding the most unique situa
tion known In the history of the hop In
dustry, going back as far as 30 years, of an
almost unprecedented absence of more than
three months supply of reserve stock on
September 1. and the largest export within
the shortest time, 10G.00U bales going out
of tha country from September 1 to De
cember 1. 113, we have to admit and face
a present market that recently has shonn
a downward rather than an upward ten
dency This Is Inexplicable to the best In-
..., .f th. trade. 1 can only say the
result la due more to the fighting of the
-bears against an adtance. rather than any
error in calculation of the figures of -supply
against demand.
The production of any agricultural com
modity running so close to consumption,
such as we have experienced in hops In the
last three yeara, leads finslly to
-mint nalnsl which no urotectli
sight. Consumers most certainly fare that
contingency In the coming year.
croD should fail, there is no
prices must rule -very high and within the
possibilities of the most rotable year in
hops. L e.. !:. when prices rose to above
91 per pound. Under these conditions, it Is
difficult to understand the reluctance of
brewers to buy at present prices, particu
larly as there will be a period In the pres
ent season when the great shortage will he
roine more apparent and some buyers un
able to find goods, as the last bale Is never
iu the place where finally wanted.
'It is only in the United Slates that grow
ers hare seemed to show some concern over
the Inability to market their Cfotm all at
once." There Is no concern for any excite
ment on that score, because only three
months of the present hop year have elapsed,
and we can today only show a visible sup
ply In first hands of not exceeding Bu.ixxi
bales for the entire United States, distrib
uted about as follows:
Bales.
....... ;i'l.oM
iu.r"o
.:.
............. .nominal
danger
is In
If any
doubt that
IM 2 1
, 7 7 1 17 a
73 4 2 3 H
44 3 H II in
-.. 12 4 13
!n.1o UTS 12 lr-40 147.1
nfi M1 luvs v: 117s
Oregon
California -
lVashlnprttrr. ....
.ew York slate.
Total '
To totally absorb this quantity by Sep
tember 1. next. It would only mean dally
purchases of -oo bales, and Ir Is beyond all
reason to linaelno that the dally average
purchases will not greatly exceed this
amount .and correspondingly raise prices to
a higher level than that of today.
COUNTRY WHEAT MARKETS STKOSti
High rrim Bid in rets Sections Stimulate
Holding.
The country whval markets continue in a
firm condition s a inequenro of the high
prlcee being offered at several points. In
one section 73 cents ns bid for club, which
Is equal to Si cents here. This Is not the
general market. tui one or two buyers, for
purposes of their .-n, making auch high
offers, but they tiait had the effect of put
ting sellers' Ideas up to that point. Most
local dealers consider 83 cents a full quo
tation on club and declare tbey can pay no
auore. Operations on the whole were light.
T.ocal receipts. In cars, were reported by
the Merchants- Exchange as follows:
Wheat. Barley. Flour. Oats. Hay.
Momiar
Tutar . .
Wednesday
Tbtirsdsv
Tear ago
Season to d
Year aieo .
PIMTCRKM E IX LOCAL BITTER F1UCE
(11? Irearoerte. Still Holding at Former
Quotation.
City creamery butter is still being sold at
$7 rents, although the price of outside state
butter was cnt to 85 cents. Butter fst quo
tations have a wide range. Some of the
Portland creameries are offering as cents
L o. b. Portland, and It la said others axe
bidding as high as 40 cents.
The cheese market la holding unusually
steady and there la no prospect of any
change In the near future.
The egg market waa rather weak. Pome
dealers are still quoting 42 centa. but most
eases are reported at 4U cents, and even this
price Is said to have been shaded
J'oultry receipts were liberal, but there
sras a good demand and former prices were
easllv maintained. Ireased meats were also
firm.
OVERSITTLY OF LOW-GRADE APPU.8
JLarge Shipments Kec rived From Conntry
Are Slow to Move.
Vront street Is heavily stocked with ap-
i p!s, mainly of the loser grades. Shippers
tn all carts of tha country are making dally
VonsLgnments and dealers find It difficult
Y kep the surplua moving
rive cars of bananas were unloaded yes
t rdsv In good condition. Orange trade
was fairly active.
The last c.r of low-priced sweet potatoes
was rrc-ived. Tha next cir to come will
r-e offtred at $2. 13. Other vegetables were
S'-eady.
' Bank Clearings.
Rank rlrartnrs of the Northwestern cities
sesleraay weie as follows:
Clearint-. Balances.
Portland ..t.:;J3.-.7S ;i."..7'."t'
r-etii. 2..-.20.MS swi
Tacotna ............... 4"o.t7t 01.021'
hpokaae 1. l.;:;2 fc.413
FOKTLAXD MARKET QUOTATION
rralta and. saretasles.
Local jobbing quotations:
TROPICAL FRUITS Oranges, navels. $2.23
Ctt per box; Japanese, l.:"t1.2i per ban-
die: lemons. w per box; pineapple. 7c
pound: bananas. eStr&e per lb; pomegran
ates. $2.60 per crate; grapefruit. i.7itiJPr
box ; persimmons. S3 per boa.
ONIONS Oregon, grso per sack, baying
rice. $3 10 f ob. ablpping pointa
VKGKTABI.Ee Cabbage. IQlwe per
pound: cau.itiower, ocse.... per dogen:
cucumbers. 4-8 4c per dos.; eggpisnt. 109
per lb.: bead lettuce. H.lil i per
crate: peppers. It 7c per lb: radishes. 10 u
12 Wo per pound: Bead lettuce, gj.13 per
gir.jc JiitJ'". " vouad: sprouts, 10a per
pouid: trtlehckes. $1.73 per dosen: squash.
HOI1.?: celery, 13.75 per crate; beans.
a He rhubarb. 30 per pound.
G.EtN FRUIT Apj-Ie. 3oc 12.30 per
tox ipej. Malagas. 7.6t S.Oo per keg;
Emjeris. (1.75 0 4 per keg; casabas. I He
per umnd; cranberries, $llt11.50 per
tarreU .
POTATOES Oregon. McCtl per hur
dred; buyrg price. e at shlpplnr
point set potatoes. 12 per crate.
BAtK AttQETABLES Turnlpa, (1-J
earrua, tll; parsnips. $1.25; beeta, ILJ.
j Grain. Flour, Feed. Etc,
TOiEr Track prices: Club, S3? W-ic;
bluMten. 936P34C; forty-fold, S4 8SlVic;
re Ruxian, bltj 2c; valley. 83c
"LOIR Patents, $. per barrsl;
svslglts. $4: exports. tI.iSei.IO; valley,
$4. 0: graham, $4 60; whole ueat. $4.W.
, OA'S No. I white, per ton-
. COt.V Whole. $3S: cracked. i7 per ton.
BAtLET Feed. 24 24.60 per ton;
brewng. $1:5: roiled. $20.
ul.i.rritD Bran. 120.30all per tool
sbos. $22. 5j23; middlings, -'00.
jai o. 1 eastern uregon hwiiufi
$y.30. mixed timothy. $14; alfalfa. $14:
giver, $10; valley grain hay. 11101a.
Dairy and C sua try Prwdoce.
Loral tabbing: auotatlona:
POLLTKY ileus, 10c; tprlnES. 144 916c;
turkeys, live, 2Uc; dressed, choice, 24o,
ducks. 12 u 13c; geese, 1- a 1 2 :i c.
EUGS Oregon fresh ranch. U!842o Pr
dozt-n; storage, 2Slsu34c.
CHEESE Oregon triplets, 17c; Daisies,
17 Wc; Young Americas, lee
BUTT 11 City creamt ry. prints. 30JS7c;
couutry creamery, prints, 32 0 30c; cubes,
30 under prints.
PoltK Fancy, 10 10io per pound.
Yii.vL. Fancy, ll'o 14Sc per pound.
Staple Groceries.
Local lobbing quotations:
SALMON Columbia River, one-pound
talis, $11.25 per dosen: half -pound fle'a
$1.40; one-pound flats, 114.1: Alaska, pink,
one-pound talis, sic; sUveraldefi one-pound
tails. $1.2$.
HONEY Choice. $S2S8S.73 per case.
NUTS Walnuts. lSe per pound; Brasll
nuts, 20c: filberts. 13(l&v,c: almonds, 2
i 21c; peanuts. 6' 5Hc; cocoanuta, $1 per
dosen; chestnuts. lSWe per pound; blekory
nuts, lhtiie; pecans, 17c; pine, 1?V
20c
BEANS Small white. 6c: large white,
4.0c; Lima. 4 0c; pink, tc; Mexican,
$Hc; bayou. t4&
HUG AK Fruit and herrv. tit "X: Honolulu
plantation, $i 10; beet. ;; extra C. $4.70;
powdered, barrels, $3.4.; cubes, barrels,
J3.20.
COFFEE Roasted. In drums. l.-e$2e per
pound.
SALT--Granulate-!, $14 per ton; half
ground. 100a. $ie.2 per ton; 10s. Ill per
ton: dairy. $12. &t) per ton.
RICH No. I Japan. IJUHc: cheaper
gnde. 4Hc: Sotithe.-n head, 5"4ftle.
UKiSU FRUITS Apples, lc per pound:
apricots, 1:I4c; peaches, lolle; prunea
l'.sllans. 8u 10c; ourranls. 1'Wc: ralalna
loose, lluic.it'!. tiitme: bleached Thomp
son, 11 He; unbleached Sultanas. 6 - : seeded.
c; dtea. Persian. $s0 per pound; fard.
$1.40 i.er box.
FIO-J Boxes. IS lO-ounce. 85: 3$ II
ounce. $2.23: 30 ft-ounce, $1.K: 70 4-ounoJ,
$2.15: bmyrna. 40-pound boxes. 20c
PrevbaoBa.
HAM.-l 10 to 12-pound. 1$eiHe: 12 t
i4-pounds, lfHQlc; 14 to K-pound. lVt
ilUhc; skinned. l$Vsc; picnic 13c;
boiled. !lc.
BACON Fancy. :7tjtlc; standard. 319
$4c a
1JRT HALT CURBO-Facon. 1H920c:
short clear backs. 14jlic; exports, 19
16 He. strips, litl'lic
l.AHI) Tlerre l asts: Pure, 12 B13ie;
compound, 10 fee.
Hops. Wool and Hides.
HOPS 1913 crop, prime and choice,
21r; 1!12 crop, numinal.
PEuT8 Dry. :uc: Spring lamba 40OOe:
3t'x5tc
lllft.S Salted hides, lie per lb.: salt
k'l. ll'iI4'-: ealted caif. 18c: green hides.
12c: dry hides. '". w c . dry calf. 2.1c; salted
bull. Uc per pouna; green bulis.
WOOL, Valley. le17c; alastern Oregon,
lletiiic.
IIOHAIR 101J rll- :892Sc per pound.
CASCAt'.A LAltr. Old aud new. 6a per
pound.
Oils.
COAZt trfL Barrels. 13He; caaca, 17Si9
201-.
tIAStl.lNE Bulk. lc: caaes, -3c; motor
spirit, hulk. 1tc: casea 23o
UNSUlll) OIL, llav, barrels. OSc; boiled,
barrels, tuc; raw, cases, t&c; boiled, cases,
60c.
TURVENTINE In case. 80c per gallon.
GOOD SHOWING ID
E
Omission of Nevy Haven Divi
dend Tests Market. ,
FALL LESS THAN EXPECTED
209
STOCK RUN IS LIGHT
LOCAL. .MAIIKKT IS WITHOUT EW
FK ATI
Choice Hoa Are Holdlav Fairly b trad 7
at Top Qantatloa of VS.
Cattle Unlet.
Tit hwatock uitk't vras ilhout ntr
feature. Thera wo m good run ot feoff
but otlirvi0 receipt were llpht.
Tra-lmjf In tli cat t to Ulvlsion a quirt,
ritwfri Bold at $7.Z0 and $7.00 and rows
rancfii tu pni from $t 10 17.
I.lKtit hoii9 brvutrht S7.9A und SS miu
heavy weight swld at l.9Q to $7..M.
Two luth ot ewr were takvn at
Hoip:it wtfr nevin cattle, two ca.vra. 7-3
hofrs and SO sneep.
hiip r wer: Heorge K. Finley -Sr. Son,
Keunewick, 1 car hutr"; M- -M. Uofto.-, Iow
eil, 1 car hops: Robert MrCrow. Goldendal,
I tar huff; Oforic Huib. Kdmoi.i, 1 car
Iiok; Ke-iuiond L'n.oa Wart house Coiiipny.
It. itmond, 1 t-ir hog; L lUcharUon.
Wankiakui, 1 ar liug; F. B. Decker. i;rr
vji, l car Civtt.e and bos"; -U. A. Brandts.
Condon. 1 car rattJo unA calve-t; Will Hiok,
Amity, 1 car ha and sheep: F. B. Decker,
Slivfrton, 1 car Itokt ud sheep.
The deks sa'es were as luiluu:
r. Price.!
6 cow. . .
" cow. . .
V atTti. .
14 steers..
1 stag
S com s. . .
5 cow. . .
1 hull
Itt.vi
I -J IT
i'i 4
:...4
'.-i:t
.i'i
f hogs. . .
1 hoi.-
, tl J.utJ.. r
1 hog....
Kt hos. ..
-"J I . v ea . . .
ew-
nm
r.j'
r.'io
r'i
I'M
lol
.
?..
7i
7..V"
h.lHi
3 hi
The range of pncee
fol:ovrs;
Prirne steers
st tbe yards waa as
$7 7511 )
Cl'.olce steere 1 t 7.7$
M-tOUm s:e.ra TOOtJ 7.0
Choice cows 4 0OIS e.54
Medllirn COWS .................. SibO 4.09
Heifer. AOO
l.lrht calves I l
Heavy calves t oo,? 7 Ti
Hul!s .00v 4.04
EUf .i .(
t.lrThl'tT. T5W
Ueavy .S0t 1 DO
Sheep
Wethers 4 00 &
ts 4.0
Lambs 4.0s e.01)
Omaha IJiestark Market.
SOUTH OMAHA. Neb.. Ic 11. Hose
Reeeintt,. H.'MNi; ui.rk't. sleady. Heavy,
7..V'7 .; lln-'. S7.losj7.00; pigs. 0t7.
bulk ot sul's. S7.SOW7.H"
lattle K'cetpis. s.hw: market, steady.
Natl. sfers t.2."l i f..V; cows anrl h:f
era. 3.77.7o: Wesi-rn steers. Jt.J57.8:
Texas stt-ers, t .".. 7 10 rants cows and
heifers. .v.'ifrl: c.ive.r lo.
Sheep lte ip:. w.HW: market. higher.
Tearlln-:e. H')4.T5; wethers, $4.616 0.00;
lambs. 77.!i; ;
4hlrago Livestock Market.
CHU'AUO. Liec. 1. C'atlie Receipts.
Oooo; mHrket, eu'l-. IWvm. grt-.'iVtt .."-0:
Tx .s sl-rs. il.tV'j 7.7i; Western .!.!.
Vf a 7.7.1; stackers anil feeders. $4-Wl
T.n.1; cows and heifers. (Hi'JS.W: calves,
7 u 11 1.
Km Receipts. ftft.Orwi: market, slow an(1
strauy a; Ves'erii.y s average. l.iRhc. $7.3'
yt.Ii; mixed. 7ii9".Si; heavy. 7.i'i
7.M: roagi. t7 .'-On 7.'!": pigs, Ji.jOell.W.
bulk ef stirs. 17 ft.-. i 7 n.
S'.ivep Hecelpls. O.ikri; market. slow.
N.tlve. 4.?o s..v: Wewern. 4.ini .n:
e.rlir rs. . 7 ..-.: limbs, native, t i.Z,s
T .PO; Western. M. '.'. 7. HO.
bAX f'RAM'ISH'O PRODftTB MARHJCTS
1 rices Qooted at the Bar CHj tar Vege
tables. Krnit., Etc.
SAN FRANCISCO. Dec. 11 Tbe follow
ing produce prlcvs were current here today;
Cheese Neir. 17lT5c; Xoung A m.rlcas,
litflio. e
Krult Apples, r.ellf.owers, JlI3yl.H0;
Xewtowna. II 2S1.3: other Tarleties. 40c
$1.75: Mexican limes. HHi. pineapples.
$l.SOS.M: lemons -. O.
Kge 'ancy ranch, ole; store. 45c.
Butter Fancy creamery, 3-c; seconds. aC
Vegetables Cucumbers, T.lctj 1.35: green
peas. it7c; bear.s, 4 0 So: eggpisnt, 4Pcu$l.
Esits--Fat!cy ranch. 45ic; store, eoc.
Onions JJ 2.4U.
PotatoesOregon Burbanks, ."c3 $1.:5;
HiMr Lc'ia v.-hitea, 7rcj$l.'i&: Salinas Bur
banks, nominal: sweets. (1.10U1.40.
Recelpta Fiour. J1 quarters; barley.
M20 centals; potatoea, 3730 eacks; hay, Suo
tona.
Chicago Ilalry Freduce.
CHICAOO, Dec. 11. Butter Higher.
Creameries. SIU-M lsc to S4y:t1Sc
El(i Lower. Kecelpta 31X53 cases: at
mark, cases ncluied. SOU 31c; ordinary
firsts. :b4lK; first le.
Offering) Are I-rg and Short Sell
ing Adds to Weakness Partial
necorerles Are- tad in
Afternoon Trading.
NEW TORK, Dec 11. In -Hew- ot the
fact that suspension o; Xew UVven divi
dends had not been generally looked for
It was the opinion of trader that that
stork: snd tbe market as a whole made a
fairly good showing today. N" Haven's
extreme decline was SS points to 7S. the
lowest price on record. It closed at tSTt.
Relegation to tne non-dlvldend-paying
class of a stock for many years a prime
favorite of Investors, pnt the market to a
severe teat. The blow was softened by the
fact that dlslodgment of Xew Haven from
Its former high position had been In prog
ress a long time. It was a foregone con
clusion that dividends would not be con
tinued on the per cent basis, but the
most common prediction was that pay
ments would go on at a lower rate. The
stock market, therefore, was called upon
to absorb heavy sales of New Haven from
disappointed investors. Large selling or
ders csme In psrtlcutarly from New Eng
land. The effect of these offerings was
heightened by short selling, and trading In
New Haven In the morning waa heavier
than In any of the specuiatlv. favorltes.
At the lower Quotation it met with support,
and after the largest volume of offerlni-e
had been absorbed tha price rallied slowly.
Telephone and telegraph stocks were
heavy, otvins; presumably to Washington re
ports that Frestuent Wilson was consider
ing Government ownership ot telephone
lines. Pennsylvania was sold on tha theory
hat betn; a large holder of New Haven
stock it woultl suffer a loss of Income
through suspension of the dividends.
Pcnnslvanla and American Telephone sold
at the loa-est points touched for a number
of years. In various other places there
were signs of liquidation. The volume of
offerings for fore:gn account was not large.
In the afternoon trading wae quieter and
partial recoveries mere effected.
Honda were Irregular. Total sales, par
value. ll.toO.OOO. United Statea 2s advanced
on call.
CU3S1XO STOCK QUOTATIONS.
Itepnrted by J. C. Wilson a Co., Lewis
Ama? Copper . .
Am Beet ugar.
Ajn Can Co
uo preferred. .
A.m Car a: Fdy.
Am Cotton Oil..
Am 8mel 4V Ret
do preferred..
Am Surf.r
do preferred..
Am T.I 4c Tel..
Am Tobacco . . .
Ancotiua
Atl Coast Lin j. .
A T St t-.nta le
do preferred..
P.ilt a Ohio ...
H ook B Trsn..
Cauadlan Pac ..
c a o
o o vv
; a N w
i. M i-c Paul.
Cential Leather
C-intral of X J
Chlno
Col Fuel & Iron
Col Suuthern ..
Consol tine ....
i i. a w
u a n o
nistliling ecur.
Erie,
General Kleo ..
lit North Ore ..
;t Nortli pf . . .
Plinola Central,
luierboro Met ..
do preferred..
K O Kou'hern ..
l.eligh Valley ..
I'Uts A Nasb..
.M -Hi an Central
M. H P a ti o M
Mo PaclHc
National Letd ..
N.it Biscuit ...
do preferred..
N V central . . .
X Y. Out A Wee
Norfolk Weet
Norlh America.
Norbern lac ..
Pacific. Mall
Pa. Iflc T ft T..
do preferred..
Pcnnsylvimia ...
People's t;ss ...
R.-sdlr.r
KrintbMc S a I..
piouthern Pac
Southern Ry ...
T. ti oil
L'mou PoclHo ..
cirt preferred..
Fnlted Rue S T.
U X Steel Cor..
do preferred..
Ftah Copper . .
Va-l.'ir Chem ..
Wabssh
Wt-ctem Vnion..
Westing Elee . .
Wisconsin Cent.
BONDS.'
Reported by Overbeck a Cooko C, Board
of Trade building. Portland.
Bid. Asked.
Atchison general 4s Pi .H
Atlantic Cost Line 1st 4s t 0S
Rao gold 4s WV, H
B RT4i br l V
Cles a Ohio 4SS VIS.
C M a Ft P gen Sa 1""' H'lSs
U I col 4s US 2
Cal I r.s IX?. 1H
O W tl Joint 4s . .
K'le yeneral 4S 1
Int Mel 4't.s
l.otiisxii'.e A Nsshvllle UPl 4S... t2
Missouri Puclfio 4s
N" V C gen Sa - w
N W lt con 4e -
Xortbern Pacific 4s !'-
ororon tihurt Line ref 4s H'.l1.
Oregon Hy Nav 4s..... I'l's
4. 124c Mild, quiet. Cordova, 13C19MC.
nominal.
R.w nirir. nominal. Muscovado. 2,fVt e
8.04c: centrifucsl. S.4iQ3.S4c; molasses, a.70
V-io; refined, quiet.
Metal Slarkets.
NEW YORK. IMC 11. Lead quiet, 1.959
i.0o; London, fib.
bpeiter steady. Gnsas.l.V London. (21 tm.
Copper steady. Standard, spot and futnrea
not quoted; electrolytic 14.37Stll4.SO: lake.
13.004 1.YK0. nominal: casting. H.'lOa 14.12 S.
tin nrm. npot. ucrawr an'i- January.
ST.5j7.SO: February. 7.50& J7.b7 S ;
March. 57.600 37. o.
Antimony doll: Cooksons. T.tOGT.oO.
Iron quiet and unchanged.
DnJuth Unseed Market.
DULUTH, Minn.,- Dee. 11. Close: Lin
seed. (L41H; December. $1.44; May,
1.50H.
Cottoa Market.
NEW YORK, Dec. 11. Spot cotton quiet.
Middling uplands, 18.40c; gulf, 13.63c
Dried Jrl-alt at Xew York.
XEW YORK, Dec 11. Evaporated ap
plies, quiet, but firm. Prunes, firm.
Peaches, Uu!L
Hope at Xew York.
NEW TORK. inc. 11. Hops Steady.
TRACE SHOWS CAUTION
WHEAT OPERATORS SISPKCT M AN.
IPVLATIOX OP MARKET.
Closing
Sales. High. Low. Hid.
la.Puo 71S W '
; 2-i
271. .MS 2'l;
Swl SKi, 7- C7v,
2" 4j 43 U 4
tOrt .17 1 Hi
V0 62 em '4
I'h'.
)0 1U2 HU 11)
!
4.100 IIS HIT.
1 io 2 III .'43 ' 243
2O0 3 1 14 34 M4S
II"
J.fOO 3 Vi - X'-'S
...... ..... ..... t
4rnt Q2 '.'iH
4ol Nl's Ws
T.5O0 2V4' S-.2
10O 07 o7 M
. ilia
115
Will 91) VSH W-
l.ooo 24 Vi 21 is 2
23
7' "17". 17-i
100 27 S 27 S
4e ..as eli
afo Jei7 Ii7 JJ7
...... . . . .. 7.
17H
400 ins tS lN
J.siM) 2S 271-, 27 Va
Hsi Hi J:W
2ii .I2is 32 S U2S
4UO 124 1. 124. 124 14
K'!
(KOI 14S 1H 1S
S.loO 5!i CS7 MS
2;t
S.100 148 l-tT-4 H
wi
100 ll- 11 "1
1R2
4U0 254 25 S 2.'.H
4.1
.100 120 119 4 lli4
I"'.
3110 134 3i4 W
I""
1.200 1H7U 10714 1"74
200 23" 23 21 'e
not
...... ..... -
1.1
Vo'lOfl ln4 loS HI7H
2m llrt"-, llll's l1"
BS.Iloo 1114W, !..-., lii:t4
100 17. 1' 1H
R7S S e.lli
100 22 w 22 w 22 St
114
SI. SCO IMS 161 IMS
e-S
IT
4.Yf! ."'7's MS
i 10.iv, inn Ji4S
1.hj 4s's S Is '
2
sno IS s &S
7m hi o' ei
eo 4S 4
1 stifle Tel iS. ........ ......... OaU
fenim con 4s. ............... .. HS
F'eading general 4s -s
St L A 8 h r.l 41 7f
Southern Pacific ref 4s aiS
Southern Pacific C"l ee. ....... M
Southern llallwar 5s ...1"0S
S-t.ulhern Rnllwsy 4a 7ii4
I'nlon Pacific 1st and ref 4s... vt
Cnlted States Steel 6a..... S
Wet Shore s !S
Wabash 4s , S
Wisconsin Central 4s
i n. ted titates 2s registered 7
I'nlted Ptstes 2s coupon........ P7
Cnited States Xs registered 10214
I'nlted Jitates 5s coupon 10-2V.
rnlte1 states 4s reelstered liov,
Vnlted ejtates 4" eoiipon llV's
P4H
71S
74-1
A
W2S
00
mi's
4
Alt,
T"S
Ml
P
lirtS
v,
1
IK
li.
PS
lorl"
ion
1UH
HIS
Stocks at Boston.
BOHTON. Dec II. Closing quotations:
Alnluex MS'Nerada Con .... 14S
Amnlg Corner.. 7i'S;Nlolselng Mines.
A . I. Sm... l- North Butte 2!e
Arizona Com .. RS;North Lake 75
cal a Artrona.. o,(oid Dominion... 44
Cal A llecia. .. .3I5 , Osceola S
Centennial 13 Qnlncy 64
cop r.an Con Co S2S Shannon ....... 6
F. Bulet Cop M. Superior 22 X
Kr.nklla IV, Suj a Boa MIn.. IVs
ttranby Con ... A .Tamarack 2H
Oieene Can.nea. IMle C K R M... aS
I Roynlle (Cop) IT 1 do preferred... 41S
Kerr Lake. 4S,t-tah Con s
Lake Copper.... 5 l"t:ih Copper Co. 47 V
U falle Copper SS Winona 1 -4
Miami copper. .. 21 Wolverine ...... 40
Mohawk S1 t
Money. Exchange, Etc
NEW YORK, Dec. II. Money on call
firm. 2S(oSc; ruling rate. S: closing.
2Vi 1 2S.
Time loans strong; 60 days, 5 S : 00 days,
5S : ix mouths. 6.
Mercantile paper. 5Htt.
sterling exchange steaoy; 00 days. $4.51;
demand. 54.twl.i.
Commercial bills. $4.51 U.
Har silver, 57 Sc
Mexican dollars. 44 Sc
tiovernincm bonds firm; railroad bonds Ir
regular, SAX FRANCISCO. Dec 11. Sliver bars.
STSc; Mexican dollars, nominal. Drafts,
sight. 1; do. telegraph. 5. Sterling In Lon
don. 00 days, 4.81; do sight. 54.5314.
LONDON. Dec 11. Consols, 7Hld; slWer,
16 ltd; bank rate. 6 per cent.
Coffee and Sugar.
NEW YORK. Dec. 11. The coffee market
was quiet today, but ruled generaly ateady
on reports of lesa pressure against the coat
and freight market and scattered covering,
the opening waa atasdy at 1 to 8 higher
and the close steady at 5 to 7 net hlicher.
Sales 21.00O. December. 9.3rtc; January,
!i:5'V; March. .7c: May. 10.02c: July.
10.22e; September. 10.40c: October, 10.44c.
6-fOt sieady. Rio, No. 7, ci Saotos,
Canadian rrcralcr In Cesilsi iVeck
Will Sleet Grain Grvvsere and Deal
er Who Favor Free) Wheat.
CHICAOO. Dec 11 Too much unanimity
on tha buying aide today In wheat made the
trad auspicious about tha ad si sail 1 11 ty of
Increasing holdings, or even as to retain
ing what bad been acquired. Accordingly,
the market which had shown a gain all
around, closed easy at a range varying
from HfjSo decline to a shade advance,
compared with the n!ght before. Other
grains showed a net loss, corn a 14th to
Sc. and oa to StrSc In provisions the
outcome a as unchanged to le cents down.
Announcement that the Canadian Pre
mier had set December It as a day on
which to receive graiugrowers and dealers
who were understood to favor free wheat
had considerable to do with the checking
of bullish sentiment in the wheat pit here.
l.ater advices that reserves of wheat in
Canada were smaller than generally sup
posed did Pot greatly alter the prevalent
feeling thai there was need for caution In
regard to Investment. Heavy rains and
bail damage said to be Interfering with
the Argentine harvest, were Influential In
lifting the wheat market the first halt ot
Uie session.
In the corn crowd reports of heavy ship
ments to Chicsgo from Illinois, Iowa and
Indiana started general selling.
Oats followed corn, but did so more de
cidedly on the down turn. Liquidating sales
were noticeable In both December and May.
Provisions lacked auppoiu ThrouKliout
the session owners were disposed to unload.
The leading futures ranged as follows:
WHEAT.
Open. High.
. ..f .! 5 .S
. .? .trjs
CORN.
.. .7H .71-4
. . .TV .70 b
OATS.
. . .nns
.. .V2S .42
MESS POHK.
..21. ITS 21.22S 2L10
. .21.20 2J.27S 24. 12 '-i
LARD.
,.10.2S 10.M 10.7714
..1L17S 11.1714 11.10
SHORT RLBo.
Jan 11.15 11.15 11.02H
May 11.32 '4 11.35 11.23
1'ec.
May
Dec.
Muy
Dec.
May
Jn.
May
Jan.
May
Low.
t :.
.P2
-70S
.-.!s
..it 14
-42S
Cloae.
f-s
.09 ts
.Ml'l
.42 S
21.10
2X121.4
10.80
11.10
U.021
1L25
Cash prlcee were:
Corn tall new) No. t. 7IS872c:
No. 3 while, T-ivTzKic: No. 2 yellow. 72
72Sc: No. ;i, ts7wSc: No. 3 white. 6!(
60c: No. 5 yellow. MS VSc.
Rye No. 2. tt Sc.
Parley, ftai7".c.
Timothy. $4 95.26.
Clover. $lU6- 14.50.
Puget Nound heat Markets.
SEATTLE. Wash., Dec. 11. Wheat Blue
stem, 9Sc: foriyfold. Mc; club, t.Sc; life,
iSc: red Russian, 2Sc
Yusterday's car recipts Wheat, 27; bar
ley, 1; corn, o; bay, t ; flour, 0.
TACOM A, Wash. Dec. II. Wheat Blue
stein. Vic: fortyfo'd, 83Sc; club, 83c; red
Kusstan, S.lc
Yesterday's car receipts Wheat, 21; bar
ley. I; bay. 8.
San Francisco Grala Market.
SAV FRANCISCO, Dec. 11. Spot quota
tions: Wnlla Walla, $1 li,(l. red Rus
sian, 11.47 S tf 1.4XS ; Turkey red. $1.2S9
l.tVi: blues:em. 1 7 S a 1 .HU; brewing bar
ley. $l.:ii S k4 1.40: feed barley. $1 So,- ; white
oats. I.42S V 1.4; hran. 922 ii 22.50; ltild
lillngs. t.Vuf31' shorta. (24..V25.
Call hoard Barley Arm. December. $1.80UV
bid: Mav. $1.37; January. $I.SOS bid.
$1.314, asked.
F.uropean (;rala Markets.
LONDON, Dec. 11. Cargoes on pasaage,
quiet.
English country markets quiet.
French country markets firm.
LIVERPOOL. Dec." 11. Wheat Spot firm;
futurvs. steady. December. not quoted.
March, 7a 2Sd: May. 7s asd.
Minneapolis timJa Market.
.MiXNB4.POI.Irl. Dec II. Close: Wheat
No. 1 hard. 87 S -"; No. 1 Northern, has
trl7Se; No. a Northern. t3 S f 5 c ; No, a
hard Montana, h."S fl-c; No. 3 a host,
51 tl iW lit: December. K4Sc: May, XT S C
J'lax. l.l!tl I l. Barley, uncliangeU.
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
Capital .... $1,000,000
Surplus .... $1,000,000
OFFICERS
J. C. Art WORTH, r-rewtaeat.
R. LEA 3AR5ES, Vlce-TfTewldeat. R. W. HCHMEER, Cashier.
A. M. WRIGHT. AaarC Cashier.
W. A. BOLT. Aaat. Csrahletr. I. S. DICK. Aaat. Caahler.
4 on Savings
Maximum interest yield and the safety as
biired by Government supervision are offered
savings depositors by the
lumbermens
National Bank
Resources, Seven Millions.
Corner Fifth and Stark Portland, Oregon
First National Bank
Capital $1,500,000
Surplus $1,000,000
Oldest National Eank West ef tha Rcefcy
Mount-aim
cctiniE-riasT wjLarasaroN ktsv
LADD &TILTON BANK
XUt.bUs4.e4 1853.
CsVpt(t4 i.tniNMi-Mi tiiMiiittmnl 1,000,000.00
Burplna . MrMM .t,sssitsMS4ssi 1,000,000.00
Dapotrit- J4,000,000.0w
Commercial and Savings Accounts
4rSICER,
tr. M. LewJd, Prealdemt Robert R H-irwaM. Aast Caahla
award tooaingriam. -vica-reea , y. LavqavAgsL iaanir.
n. uuneaiey, caanier. vk altar at. 1.00 a. a.sst. casniea.
Corner Wat&larttm and TUrf 8treta.
rain west portion; aiablo winds mostly
southerly.'
Iwaho Frldav fair.
EUWAKU A. HEAL.-". District Forecaster.
DAILY MKTrOROIAMilVAL. R:rOKT.
PORTLAND, Iec. 11. Maxlrno-n temper
ature. 41 degrees: minimum. 4V degree.
River reading, A. Tsl., I Z feet; change In
la.it " hours, o.t foot rise. Total rainfall.
4 P. M. t I'. M.. 0.10 Inch: total rain
(all since Pepleml.er 1. 1413, 11.114 inches:
MTinsl. 14.1.'; inches: defleleiirv 2.TTI To
tal sunshine. It nilnutea; fsnsptbla. g houra
43 minutes. Jtarunicter ri-.Hrccyl to sea
level at 4 P. M.. i0.lt ineheswi-
THE "WEATHER.
trTATIOKaV
Bkr aa
Boi. . . . .
Boston a......
Ciigary
Chti-ato
lfnvr .........
Ir Molnet
Tuiluth ....a....
Eureka
Galvtxitot.
Helena
Jnrkonvll ....
KantttaS City ...
Isurir
Am Anrlft . . .
Marphfleld
MvtlroM
Montreal
New Orlean ....
Nw Tork
North Hd ...
North TakUna ..
Phnt-nlx
PACstlio
Portland .......
Risft6rc
fticramnto .....
Ht. LsOull
flt. PtuI
Salt 1.ak
Sun Francisco
S oktno
Tii-omi
Tatooah letand .
Walla Waila
Waahlnirton
WlDatpo
y Wind
iln
r
Plate at
weather.
.Pt. cloudy
j(loud
Cloudy
'Clear
I 44 0.OI 4.S Clear
4 O.OO 4 NTS' Clear
4 3 O.oo la NW Clear
4s O.ihi 11 NV pi. cloudy
4 O.0t"l rlW jClcar
4i o.Ou i: s 'clear
0.00 10 SW j-irsr
hi 0.0'iils KSV Clear
:-. ill 4 sw rt. cloudy
I : n .00 12 H Iciear
I 44 0.C0: I a ft. cloudy
: o.eu 4 NC Clear
s.o.o Clear
I j:;h.ou! 4 w
I 0.00 4 N
K 0. 1 ;i calm
13 0.9t calm
H 0.00 2J W
. 40 0.no 4 NW;F"t. cloudy
11 u..i :i . le.r
6i):0.21 ao ?K U'loud?
Si O.iKli calm Cloudy
70 .o( 4 NW'cirar
42 .! 4 "Clear
SI O.Ini 1'XK Idoudy
CO O.OOj 4 t (Cloudy
bt S. 11 I V clear'
t? 0.K( 9 SB Clear
144 O.OOi I SW .clear
42 9.00! 4 V Clear
4U0.11 4"W Icioudv
I 4OO.0"! 4 NK v'loudy
h( 0.0' 4 tTW cioudy
60 O.l 14 H r.aln
JJ 0.001 4'SW 'clear
! O.oo! 4 N Iclesr
4.010V 'clear
WEATHER CONDITIONS.
One large high-pressure area Is central
over the Korky Mounta.n State, and an
other Is central over Tennessee. The ba
rometer Is relatively low over the Canadian
Northwest. Light rain haa fallen in West
ern Washington. Western Oregon and ex
treme Northern California, and light snow
haa occurred In portions of tbe Lower Lake
Heglon and the Middle Atlantic States. It
Is much cooler In the New England States
and the temperature. In the Kocky Moun
tain and I'aclflo States as a rule have risen
sllrhtly. i
The conditions are favorable for fair
weather In thla district Friday except in
West.rn Oregon and Western Washington,
where It will continue unsettled and proa
ab.r rain. FO RECASTS.
Portland and vicinity Friday cloudy with
probably rain; variable wlnda bwcomtng
southerly.
Oregon and Washington Friday fair eaot.
Kllonsbiirjf IMonccre. to Organize.
ELX.KNSBUKG. Wash.. I've. 11.
(t?peclnL) A Pioneers' Association is
to be organiged here. Hon. A. J.
Hpluwn. Mayor of North Yakima, and
one of the earliest settlers in Kittitas.
In worklnjr with local poople. Hia de
sire la to mark aJl the historical spots
in the county.
A Far
Reaching
Service
A groat many otherwise intol
li"nt jx'oplo know a bank only
as a place where their money
will be cared for subjeet to de
mand. ' 1
There are many ways iu
which a bank can f-erve the bu.-i-hea
and professional .man or
the householder.
To know these t-ervices you
must put yourself in o position
to use them. That means be
come a regular depositor in a
bank. We will be glad to serve
you if you will g-ive us the opportunity.
Security Savings and
Trust Company
Tifth and Morrison Streets.
Government Cattle
FOR SALE
Pome B0 head pure-bred Callo
way cattle, being the surplua oC
a herd belonging to the Alaaka
Kxperlment Stations, and consisting-
of younir bulls, heifers
and cows with calves at foot, now
on ranch at I'hehalls. Wash., are
offered for sale to breedera at
reasonable prlcea. For informa
tion write
SIFT. M. D. SXOnGRASi.
Cacaalla, Wash.
TRATTEU-RS CdDE.
.lAMBURG-K AMERICAN
J.C.WILSON&CO.
STOCKS. BONDS. (.BAIN AND COTTON.
MEJdBtKn
SEW YORK STOCK ECM 4NOE.
II It At. BIIAHll OF TKADK.
NtH W1KK tOI ION Kiril tM.k.
TU. BTOtk AMI ltOM tXCUAXiK,
I4N t'UANClaCO.
PORTLAND OFFICE:
Lewis Buildicg, 269 Oak Street.
Phones Marshall 4120. A 4187.
TRATiT.I.EIW CC1DK,
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada.
Established 1867.
A general banking business
transacted.
Interest paid on time deposits.
Letters of Credit and Travelers
Checks Issued.
PORTLAND BRANCH,
Corner Second and Stark Sts.
F. C. M ALP AS, Manager.
TO
SAX FRANCISCO. Toe. AXGEIXJ
Ami sav lirx;o
S. S. ROANOKE
WKIXVK.-.DAY. IW. 11, P. M.
(OOS 11 AY AND tlRKKA
S. S. ALLIANCE
TirrmsDAv, ikc. is. p. m.
NORTH PACTFIC 6TKAMSHIF COL
Itl-A TII1KD STBrrT
rheaee lala ana A 1314.
Steamer Service
STEAMER HAS3AI.O Leavea
Portland. Aeh Street Dock.
daily except Saturday at 8:0ft
P. JJ. Anlvea Astoria :00 A. M.
Utvei Astoria dully except Sun
day at CrOO A. M. Arrives Port
land. 6:00 P. M.
Make reservations Ash Street
Dock or Clt- Ticket Office.
3d and Washington.
Phones Marshall 4500. A (121
SYDNEY 1 9 S'US
AUSTRALIA WEATHER FINE
SAMOA AND SHORTEST LIKE
SOUTH SEAS QUICKEST TIME
SrJeadi-J it-amm. Lloydr, 100A1. (10.000 torn dlpL)af
Sydney Shct Line -ejltnr eTery two weeki.
J110 HONOLULU (Fi rcKX) SYDNEY J3C0
Rocjd trip, en-oad due. SVONEY KM.
Various tuuri inrludicx Jva. China, Jsfin and Reurui
Mis World. Send for W ler.
OCEANIC t A CO, 173 Market SL, SAN FRANCISCO
Over 400 Shipi
1.503i,8l3
T0X3
in tne jm, .
ATLANTIC 1
SERVICE
to
LONDON, S
PARIS, HAMBURG
tSPatrirta.....Jee. IS, 13 noon H
IS Pretoria Deo. U, S P.K.
n . , . I
Amrrlka Jan. C. 1 r. 3t. i
reau;lTanla....jaa. 1,1 P.M.I
2nd cabin only. XH am burr direct.
MEDITERRANEAN
Madeira.dlbraltar. Naples a Genea
&. S. tier eland (1T.OAO Tons) (Ort-ent-lna:a
Cruise) Jan. 12, 12 noon
S. 8. CtadnaaU tlT.OtiO Toss)
Jan IT, 3 p.
CRUISE of 93 DAYS to
ORIENT INDIA
ST. S.S.CLD1LAND tf0T,t
From New Tork Jan. IS. 1S14.
Cast Inductee shore eipiset a ad
Write for Information.
HAMBURG-AMERICAN LINE
19 Powell St.. (S.o fTatic-.co, CeVi.
ftouthra jtjvcuio t mv tb bl.
0.-W. R. fc N- Co, Nor. p
ClTlCa u. ft- n.
BurMtiKtoa Rout.
.uk M Put Soma 4
Ky. o.. ieorsjr
tf. fcrxmn, m
WuH.. Port-
lueawj Otosoo.
TAKE a
TRIP
TO and
Through
The CANAL
THIS WINTER
TWO CRUISES
Per SS. Kroaprlnaeaala eMle
Feb. 2S and Mirrk 17. 1014,
From Mew Orleans.
Stopavera at Havana M'nba) and
Kingston (Jamalra)
$125 AND UP
Applr for Pamahleta.
Secure Rooms NOW
Hamburg
American Line
1G0 ronrll St TrraaHsK-a,
or I.oeal It. R and Stt-amnhlp
A cents In Portland.
tMORTH
LLOYD
London Paris Bremen
Kronprinseatsln Coil19 Jan. -
Kaiwr Witheltu Jr O rosw . I . I
K ronprlnxetv-vla Cci!ie . XI
Put Mail SUlingB.
trlrmn w .Dr. 27
Georta Vashlnffton. Jan. S
T tlU,rtaroa Jma. I
tBremea direct. fOn cabin ill.
Baltlmore-Hrcriin direct; oo cab
in T I X ft ; Wlnedai.
Plymoutli and Bremen.
a.IiDK9 on SATURDAY fur
Tho Mediterranean
Prinzes Irene. .Thursday, J-, ft
Perlln Jan. it I.
Through ratea from New Tura to p. t j
Sonta eAmcnca,
Via Europe. Krvpt. India and tha t; -v
Far Sa.su Independent tnpa. f ;
Aronnd the World, 617.70 ;
FMrBt-cIa throughout (y- t
Thre w mit-r cruu-ei to me
PANAMA
CANAL
By S.S. -CHOSSER KI KFL LHar
4 AN. 14. t tu. 17. MAR. VJ. ltata
SIM UP tl I. - l3
Crulees tnelude all porta of In-ter-stt
In the West Indies. Write
lor our new booklets.
"To the Canal and Caribbean."
Travelers' ( becks .od All Over
tbe World.
OEUUCHrt a CO.. Ueneral Acts..
, itrotulway, N. Y.
1.
WEST
INDIES
&
-a:
COO! BT TfJTXK
SteamabJa streak a a tee
Salia from ainsworth Iock. Portland, at t
i. id. every Tuesday evening, t reign t re
ceived until 11 O'CLOCK (SOO.M OM
BAILING UAY. raeneager tare: nrst-
claaa, $10.00; bjcond-ciaaa men only). $7.00,
ineludlnz bertn ana meauL l iraet otiu e
LOWtR AINS WORTH DOCK. PORT.
ULVU A COOS BAY STEAateUIP LtMi.
L. It. KEATING. Asent.
Pbones: iaam aow; A
tXi'K-l bTEAMKKS f'OB
Baa Frmnriee and Lm Aaaetre
rVilU04.T CUAA'OIC
S. 8. Beaver Mile 4 1'. it. Ilec 12.
rt. H. Urar lee. IT.
THE SAX IKAM tCO POKTLAND .
CO. Ticket Office. Id anil Waging
tea. willk U.-W. K. 4 N. C
2-heaa atarshaU aaira. A fUL
ITEW YORK -PORTLAND)
UOCLAK FREIGHT aBRTICS.
Isi "aatsa aabadala Tta!s,
AKEIlICAMAWAIIANS.iCO.
tla antiwar Tirsant BMsW
Jsaaa KTL JkJfi&
K
r